What fiduciary means?
A fiduciary is a person or organization that acts on behalf of another person or persons, putting their clients’ interest ahead of their own, with a duty to preserve good faith and trust.
How is fiduciary duty pronounced?
What is another word for fiduciary?
Dictionary of English Synonymes
- fiduciary(n.) Synonyms: trustee, depositary.
- Synonyms: confident, undoubting, trustful, fiducial.
- Synonyms: trusty, not to be doubted.
- Synonyms: held in trust, in the nature of a trust.
What is an example of a fiduciary?
They include lawyers acting for clients, company executives acting for stockholders, guardians acting for their wards, financial advisors acting for investors, and trustees acting for estate beneficiaries, among others. An employee may have a fiduciary duty to an employer.